NEGOTIATIONS are continuing on the 1120 hectare (2768 acre) Biloela district property Springvale after it was passed in at a TopX auction for $4.9 million.
Subscribe now for unlimited access to all our agricultural news
across the nation
or signup to continue reading
There were four registered bidders at the auction held at Gracemere on Friday.
Estimated to run 350 cow and calf units or 400 to 450 mixed cattle, Springvale comprises of about 730ha of bottle tree scrub and 160ha of previously black soil cultivation country. The remainder of the property is heavy loam and iron bark forest country.
Springvale has a mixed buffel, green panic, Rhodes grass and purple pigeon pasture.
Most of the country marked as white on the PMAV has recently been recently pulled.
Water is supplied from a large dam servicing tanks and troughs. There is also an unequipped bore.
The four strand barbed wire fencing is described as being in fair to good condition.
Other improvements include a set of very workable, recently upgraded timber cattle yards.
Contact Brad Mulvihill, 0447 152 200, TopX Gracemere.
Don't miss out on all the latest rural property news. Sign up here to receive our new and free weekly Farmonline property newsletter.
